Talk of The Villages Florida - View Single Post - Florida property insurance highest in the Nation...by a lot!!
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Old 09-20-2023, 11:31 PM
Vickim Vickim is offline
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Default Look at the whole picture

Quote:
Originally Posted by Vermilion Villager View Post
This is not political and hopefully one will look at the facts. I don't care who is in elected office.... something MUST be done or many will be forced out of their homes.

The average premium for homeowners insurance in Florida hit $6,000 per year for 2023, compared with just $1,700 for the nation as a whole, according to the Insurance Information Institute. Florida premiums have soared by 42% in the last year alone, and by 206% since 2018.
Homeowners in DeSantis’s Florida face a costly and unique problem
If you look at it just singular yes we pay high insurance but property taxes are low. We paid $7000 ( for $350k home ) 10 years ago in Texas in property taxes. If you claim homestead you get an exemption , veteran another exemption & widow another tax exemption. Florida also doesn’t tax our military retirement money. Cheaper by far here and like other poster not a million dollar home